President Nicusor Dan says that the measures taken by the Bolojan Government were successful overall, but "if we are to look at how citizens were affected, perhaps things could have been done differently."
"If we look at it on a macro level, it was a success. Meaning, Romania avoided what was being discussed at the start of this mandate this summer, there were talks of Romania being downgraded on financial markets to a category not recommended for investors, that was avoided and the issue of returning there no longer arises. That is the macro perspective. But if we were to look, and this is what concerns people, at how these measures affected their daily lives, here we can say that perhaps things could have been done differently, so that the impact on people's lives would be smaller," Nicusor Dan said in an interview with Romania TV private television station.
According to the president, certain measures were necessary and had to be implemented within a short timeframe.
"We were forced to take certain measures because Romania is borrowing from investment funds, banks and these people said: if you do not reduce the deficit, some of us will withdraw, others will lend to you at a higher cost. So, we were entering a vicious circle and the consequence would have been that inflation would not be 10 percent, but could have reached 20-30 percent if companies, banks and investors had withdrawn from Romania. Therefore, measures had to be taken within a short timeframe. Perhaps some of them could have been done differently, but that is a calculation which economists and concerned experts always make. The fact is that something had to be done," Nicusor Dan explained.
He added that we must also look to the future with hope, arguing that the Romanian economy has certain opportunities.
"We will still have 2026, which will be difficult, but from 2027 there is every hope for growth in the Romanian economy (...). There will also be some taxes already announced, for example the property tax, which was approved by Parliament in August and will come into effect on 1 January 2026. And, broadly speaking, the biggest impact was from VAT, which has already been implemented, there will be a small effect on revenues at the start of 2026 and that should be about it. Beyond that, the state will need to make adjustments and that will be the focus over the next five to six weeks with the 2026 budget, when the state will have to review many of its expenditures," President Nicusor Dan conveyed.
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